The problem this coin faces is too much supply and a high bitcoin price. It was ok when btc was under $500 but people with bitcoin are going to be really picky with how they use it at these high prices. Jared will be waiting for when bitcoin gets dumped and then start marketing digibyte in public. Marketing digibyte is a waste when people only watching bitcoin price at this time.
only fools turn their attention away from the alts when BTC pumps You're so right.     Charts courtesy of https://coinmarketcap.com/charts/ . |
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For what it's worth . . . that is if there really is someone who is going to pick this up . . .  Running on Ubuntu 12.04 Got the frontend running fine, but the backend is a mess. The following are the error messages isolated out: 19:50:20 [Error] [RedisProvider] [Digibyte] An exception occured while getting version info: ERR wrong number of arguments for 'info' command
19:50:20 [Error] [RedisProvider] [Digibyte] Redis storage initialization failed: 127.0.0.1:6379 - Value cannot be null.
Parameter name: v1
19:50:21 [Error] [MigrationManager] [Digibyte] An exception occured while running migration manager; Duplicate key name 'UC_Version'
19:50:21 [Error] [ExchangeApi] [global] Error: SecureChannelFailure (The authentication or decryption has failed.)
19:50:21 [Error] [BittrexClient] [global] Cannot perform member binding on `null' value
19:50:21 [Error] [ShareManager] [Digibyte] Error getting account for pool central wallet address: Backed out to protect my identity - An unknown exception occured while making json request.
19:50:22 [Error] [ExchangeApi] [global] Unexpected character encountered while parsing value: <. Path '', line 0, position 0.
19:50:22 [Error] [CryptsyClient] [global] Cannot perform member binding on `null' value
19:50:22 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [BlockProcessor] [Digibyte] Error getting account for pool central wallet address: Backed out to protect my identity - Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [PaymentProcessor] [Digibyte] Halted as we can not connect to configured coin daemon: Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [NetworkInfo] [Digibyte] Can not read getdifficulty(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [NetworkInfo] [Digibyte] Can not probe submitblock() support: Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [NetworkInfo] [Digibyte] Can not read getinfo(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [NetworkInfo] [Digibyte] Can not read getmininginfo(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:22 [Error] [NetworkInfo] [Digibyte] Can not read getblocktemplate(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:23 [Error] [HybridStorage] [Digibyte] An exception occured while getting block; Table 'CoiniumDB.Block' doesn't exist
19:50:23 [Error] [HybridStorage] [Digibyte] An exception occured while getting block; Table 'CoiniumDB.Block' doesn't exist
19:50:23 [Error] [HybridStorage] [Digibyte] An exception occured while getting block totals: Table 'CoiniumDB.Block' doesn't exist
19:50:23 [Error] [NetworkInfo] [Digibyte] Can not read getinfo(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:23 [Error] [NetworkInfo] [Digibyte] Can not read getmininginfo(): Error getting response stream (ReadDone2): ReceiveFailure
19:50:23 [Error] [NetworkInfo] [Digibyte] Can not read getblocktemplate(): Error getting response stream (ReadDone2): ReceiveFailure
19:51:17 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:51:17 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:51:17 [Error] [JobManager] [Digibyte] New job creation failed: Error getting response stream (ReadDone2): ReceiveFailure
19:51:22 [Error] [HybridStorage] [Digibyte] An exception occured while getting pending blocks: Table 'CoiniumDB.Block' doesn't exist This is what comes up as good: 19:50:15 [Information] [ConfigManager] [global] CoiniumServ Aurora 0.2.5.21403 warming-up..
19:50:15 [Information] [PlatformManager] [global] Running over Mono 4.6.2 (Stable 4.6.2.16/ac9e222 Tue Jan 3 11:57:29 UTC 2017), framework: 4.5 (v4.0.30319.42000).
19:50:17 [Information] [ConfigManager] [global] Discovered a total of 1 enabled pool configurations: [Digibyte]
19:50:20 [Information] [MySqlProvider] [Digibyte] Mysql storage initialized: 127.0.0.1:3306, database: CoiniumDB.
19:50:21 [Information] [BanManager] [Digibyte] No expired bans found to be cleared [remaining bans: 0].
19:50:22 [Information] [NetworkInfo] [Digibyte] symbol: DGB algorithm: scrypt version: null protocol: 0 wallet: 0 network difficulty: 0.00000000 block difficulty: 0.00 network hashrate: 0.00 KH/s network: mainnet peers: 0 blocks: -2 errors: none
19:50:22 [Information] [StratumServer] [Digibyte] Stratum server listening on 192.168.0.5:3333 This looks like something that a good coder could get into working shape without too much hassle. Best of luck to you. |
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is ahmed bodi not the core dev here any longer? is this project dev less?
cool coin though, ahead of its time. Hope it can gather some interest and development updates that get the community excited enough to get involved.
No, original person who launched the coin, 8bitcoder, is still around. Also some contributions from nzsquirrell who launched unitus. And I think cryptapus has some commits as well. Still around when it really matters. https://bitcointalk.org/index.php?topic=483515.msg15484638#msg15484638 |
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Website migration is child's play, and a very poor excuse for having a poorly functioning website in the meantime.
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The whole eth-team is youngsters who haven't the slighhtest clue wtf they're doing.
This is 100% accurate For anyone still wondering . . .  |
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Well I have been around in Crypto for a fair few years & I have to say the lack of news/information/updates/Development from Digibyte leader is very disappointing indeed........Telegram is just another twitter copy thing just # tag this #tag that...no slack channel for DGB just this useless non informative Bitcointalk junk
Given jarred has gone to so many of these conference things i would expect some kind of update other than the usual "watch this space"
"going to be an exciting year for Digibyte"
No wonder Digibyte has as much interest in the markets as watching paint dry.....its taken 2 year plus to get DGB price to stabilize at 0.00000050 ( $0.0003225 ) if this coin is meant to be estimated to be worth $10 it will be a lifetime to reach that......Jez maybe a lifetime for it to reach 50 cents at this rate......Jarred grow a set of balls mate give out some news lets get the ship sailing instead of playing the cards close to your chest all the time....sometimes you have to bluff to win the game
related you are right. i suspect jared and his "team" bluffing people around dgb to help his self to have more btc... the coin never grow... lot of sells day for little buy. links in the website don't work since long time. nothing new except like you say " this year is a good year for dgb" or we are in discussion with 20 banks ... links in the website doesnt work like digistats and digiexplorer... cannot see the hashrate of the coin... and only fake buy wall that never buy... it seem a manipulate coin... Let's see an official answer to that! Still playing this market manipulation stuff ? Glad to see you around. No market manipulation. Just looking for a real answer to the questions. (The same fundamental questions I was formulating back in January and February BTW.) |
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Well I have been around in Crypto for a fair few years & I have to say the lack of news/information/updates/Development from Digibyte leader is very disappointing indeed........Telegram is just another twitter copy thing just # tag this #tag that...no slack channel for DGB just this useless non informative Bitcointalk junk
Given jarred has gone to so many of these conference things i would expect some kind of update other than the usual "watch this space"
"going to be an exciting year for Digibyte"
No wonder Digibyte has as much interest in the markets as watching paint dry.....its taken 2 year plus to get DGB price to stabilize at 0.00000050 ( $0.0003225 ) if this coin is meant to be estimated to be worth $10 it will be a lifetime to reach that......Jez maybe a lifetime for it to reach 50 cents at this rate......Jarred grow a set of balls mate give out some news lets get the ship sailing instead of playing the cards close to your chest all the time....sometimes you have to bluff to win the game
related you are right. i suspect jared and his "team" bluffing people around dgb to help his self to have more btc... the coin never grow... lot of sells day for little buy. links in the website don't work since long time. nothing new except like you say " this year is a good year for dgb" or we are in discussion with 20 banks ... links in the website doesnt work like digistats and digiexplorer... cannot see the hashrate of the coin... and only fake buy wall that never buy... it seem a manipulate coin... Let's see an official answer to that! |
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The price will slowly dwindle down and so will the volume. Anyone stuffing money in ETH at this point is either delusional, in denial, or were conned into believing it would someday rise again. The legalities haven't even set in yet. Wait until class action lawsuits enter the picture and a federal or state investigation begins.
Legalities? Under what country will they be brought??? Will the miners all over the world be sued? Could be be sued by the attacker or the Ethereum holder, or DAO holder? I do not think the miners will be sued. It is action of getting money back from thieves. They will be praised. About 80% of the miners who voted support the soft fork. Is there any progress about implementing the fork? Any idea about what percentage of miners actually voted? |
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What is a question of when, and not if, is when the blockchain reaches unsustainability.
And the more popular, the faster . . . quite ironically.
Cheers
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Up to the head and shoulder neckline, or bottom of the broken broadening pattern, depending on how you see it, one and the same in any event, and sell LTC. With BTC it's a clear H&S . . .
Clearly the first agressive sell area. I'll certainly be selling into any strength.
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Actually in USD terms, you're flat wrong, and you have the facts in the form of price charts staring you in the face as well. (Now, the closing of the spread is another story, and maybe that will never happen, but to say smoked when they've basically held par is ludicrous, and even if it were the case, your logic that somehow I've recently got more bearish than I already was just doesn't make sense - I was already bearish! ) Does anyone think serious money is going to stay and play with the likes of this kind of "knowledgeable" participants? LTC tanked today along with BTC, so you technically didn't "win" unless you were in fiat at the time. Whatever you makes you feel good. |
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A complete loss of confidence and a subsequent fall into oblivion is one reason.
Looks like we found the reason for all your bear spam posts lol. Somebody got smoked in LTC: When looking at the last month, it really looks like LTC is the solid leader.
Not only does the LTC chart look great, but the fundamentals do too. It's also the most undervalued and has the most to run. And all this is not to mention the huge LTC-BTC spread that is guaranteed to collapse to a more realistic 4-1 sooner or later . . .
Actually in USD terms, you're flat wrong, and you have the facts in the form of price charts staring you in the face as well. (Now, the closing of the spread is another story, and maybe that will never happen, but to say smoked when they've basically held par is ludicrous, and even if it were the case, your logic that somehow I've recently got more bearish than I already was just doesn't make sense - I was already bearish! ) Does anyone think serious money is going to stay and play with the likes of this kind of "knowledgeable" participants? |
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Personally I think a double top is optimistic and would be looking for a 61.8 retrace to sell into (with LTC as well), and then go away until early next year . . . if there is still a market in crypto then, of course.
There is no reason for there not to be a market. A complete loss of confidence and a subsequent fall into oblivion is one reason. But yes, you're right, even then there will be a "market", escrow trading here and there would be one worse case scenario, a back to the cave scenario, but real markets with LIQUIDITY, well, that's another story. And there are tons of things that could lead to such a pessimistic reality, from what's happening now with ETH to a possible power outage with just one major miner in China that could cause the blockchain to freeze for weeks (maybe even months depending on the reaction of other miners and whether they were to completely jump ship or not), etc., etc. Don't get me wrong, I'm not necessarily predicting any of this, but I am saying that those risks clearly exist and in a tongue-in-cheek manner making clear that it might be a good time to cool the euphoric jets wait for the dust to clear. Edit: the selling is generalized http://coinmarketcap.com/ - just about everyone is getting hit and this looks very much like the beginning of an exodus, something like the opposite of what was posted here around a year ago: https://bitcointalk.org/index.php?topic=1095434.0 We've seen a lot of money come into crypto since that time, but is there anyone who thinks that this new money is somehow not "hot", not interested in preserving itself and is here to stay in spite of the evident risks that are in ever brighter and brighter spotlights? A year ago it wasn't so evident, but do you really think serious money is going to hang around to see what happens in "ecosystems" clearly ridden with scammers and the ignorant (right up to the very "best" coins)? |
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I think its going to bounce at least once to try and go for the double top.
I think I'll sell a bunch when we get close to that again.
With folks pointing out how the ETH scandal is putting a spotlight on the Nash equilibrium vulnerability and seriously damaging all cryptocurrencies in the eyes of the "outside world", the long term uptrend could be in serious trouble. From a technical analysis standpoint, the crash to 550 is strong confirmation that it will take time, a lot of time, for price to restructure, that is if it ever does (unless this is another case of super crypto volatility and new highs are seen before the end of the month . . . which, with weak hands in panic sell mode at lows, is a possibility, albeit remote). This is not a question of if but when. There are plenty of other issues that threaten BTC's long term viability that will also attract the spotlight in the coming days, weeks, and months. Personally I think a double top is optimistic and would be looking for a 61.8 retrace to sell into (with LTC as well), and then go away until early next year . . . if there is still a market in crypto then, of course. |
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" Some popular services, ones with 100s of thousands of dollars flowing through them, are distressingly bad (as in "everyone loses all their money" bad) with no way to mitigate, by design." This one takes the ignorance and idiocy of the sheople to yet another level ("donkeys" in this particular case). |
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Yes, the poorly written code allowed them to LEGALLY get the coins. This is not a hack, just poor coding. Eth can NOT recover from this. Tarnished forever.
I couldn't agree more. It's a long term zero whose short term scandal and investigation - there will be an investigation - is going to hurt Altcoins in general, perhaps even hastening the ultimate demise of many. |
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So, what's the deal? Afraid to post a link? Afraid that someone with a thinking head reads it and finds there really is NO update information on absolutely none of those "many exciting projects underway"? . . . unless you consider regurgitated project announcements from 6 months ago "updates". Oh, and just where can we independently access that network "audit" data? Or is that made up too? |
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When looking at the last month, it really looks like LTC is the solid leader. Not only does the LTC chart look great, but the fundamentals do too. It's also the most undervalued and has the most to run. And all this is not to mention the huge LTC-BTC spread that is guaranteed to collapse to a more realistic 4-1 sooner or later . . .  If you´re a bit of a contrarian and think this bullishness will continue, a bit of change on XRP could work out well as well. ;-) |
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Just wanted to pop in and say how nice it is to see a website that is clean, crisp, intuitive and INFORMATIVE all at the same time! No more, and no less.  Everything you need to know about Myriad without fuss or muss. Fantastic job. http://myriadcoin.org/en/home. . . this community is showing signs of life too . . . something that's not all that common among Alts as of late . . . |
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